Smartchim
ActiveSummary
Smartchim has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €11k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+7
Solvency29▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.86 in 2024; short-term debt: 72.2% and cash: 6.3% of total assets), and 96.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.9%
Return on assets
0.5%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 111 sector peers (2025).
NBB · sector comparisonPosition among 111 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 11-05-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
16 d early
2023
25 d late
2022
8 d early
2021
29 d early
2020
30 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€91k▲ 13.8%
2024 · €80k
2018: €18klowest in 8 years
2019: €35k▲ +95.4% vs 2018
2020: €66k▲ +88.3% vs 2019
2021: €185k▲ +181% vs 2020
2022: €204k▲ +9.9% vs 2021highest in 8 years
2023: €83k▼ -59.3% vs 2022
2024: €80k▼ -3.7% vs 2023
2025: €91k▲ +13.8% vs 2024
2018 → 2025
Total assets
€2.31M▼ 26.0%
2024 · €3.13M
2018: €296klowest in 8 years
2019: €480k▲ +62.0% vs 2018
2020: €637k▲ +32.7% vs 2019
2021: €1.10M▲ +72.3% vs 2020
2022: €2.17M▲ +97.9% vs 2021
2023: €3.07M▲ +41.4% vs 2022
2024: €3.13M▲ +1.8% vs 2023highest in 8 years
2025: €2.31M▼ -26.0% vs 2024
2018 → 2025
Net result
€11k
2024 · €-3k
2018: €6k
2019: €37k▲ +500% vs 2018
2020: €38k▲ +3.1% vs 2019
2021: €119k▲ +212% vs 2020highest in 8 years
2022: €18k▼ -84.6% vs 2021
2023: €-121k▼ -755% vs 2022lowest in 8 years
2024: €-3k▲ +97.5% vs 2023
2025: €11k▲ +462% vs 2024
2018 → 2025
Working capital
€-322k▲ 1.6%
2024 · €-328k
2018: €63k
2019: €59k▼ -6.1% vs 2018
2020: €42k▼ -28.5% vs 2019
2021: €81k▲ +91.3% vs 2020
2022: €87k▲ +7.4% vs 2021highest in 8 years
2023: €-241k▼ -376% vs 2022
2024: €-328k▼ -36.2% vs 2023lowest in 8 years
2025: €-322k▲ +1.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€185k-€204k▲ 9.9%€83k▼ 59.3%€80k▼ 3.7%€91k▲ 13.8%
2021: €185k
2022: €204k▲ +9.9% vs 2021highest in 5 years
2023: €83k▼ -59.3% vs 2022
2024: €80k▼ -3.7% vs 2023lowest in 5 years
2025: €91k▲ +13.8% vs 2024
Operating result€173k-€44k▼ 74.3%€-64k€106k€107k▲ 0.9%
2021: €173khighest in 5 years
2022: €44k▼ -74.3% vs 2021
2023: €-64k▼ -243% vs 2022lowest in 5 years
2024: €106k▲ +267% vs 2023
2025: €107k▲ +0.9% vs 2024
Net result€119k-€18k▼ 84.6%€-121k€-3k▲ 97.5%€11k
2021: €119khighest in 5 years
2022: €18k▼ -84.6% vs 2021
2023: €-121k▼ -755% vs 2022lowest in 5 years
2024: €-3k▲ +97.5% vs 2023
2025: €11k▲ +462% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.31M
Fixed assets
€967k ▼ 12.4%
Current assets
€1.35M ▼ 33.4%
Equity and liabilities €2.31M
Equity
€91k ▲ 13.8%
Debt
€2.22M ▼ 27.0%
Debt's share of the balance-sheet total falls from 97.4% to 96.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€261k▲
2024 · €252k
Cash flow
€165k▲
2024 · €143k
Current ratio
0.81▼
2024 · 0.86
Quick ratio
0.29▼
2024 · 0.37
Debt to equity
24.44▼
2024 · 38.12
ROE
12.1%▲
2024 · -3.8%
ROA
0.5%▲
2024 · -0.1%
Interest coverage
2.68▲
2024 · 2.01
Debt ≤ 1 year
€1.67M▼
2024 · €2.35M
Debt > 1 year
€531k▼
2024 · €671k
Income taxes
€729▲
2024 · €591
Staff costs
€438k▼
2024 · €470k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.13M€2.31M▼
Fixed assets21/28€1.10M€967k▼
Intangible fixed assets21€106k€79k▼
Tangible fixed assets22/27€986k€876k▼
Plant, machinery and equipment23€12k€23k▲
Furniture and vehicles24€24k€9k▼
Leasing and similar rights25€950k€843k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€12k€12k▲
Current assets29/58€2.02M€1.35M▼
Stocks and contracts in progress3€1.15M€869k▼
Stocks30/36€1.15M€869k▼
Amounts receivable within one year40/41€685k€326k▼
Trade receivables40€685k€326k▼
Other amounts receivable41€310€0▼
Cash at bank and in hand54/58€176k€145k▼
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€3.13M€2.31M▼
Equity10/15€80k€91k▲
Contributions10/11€19k€19k=
Reserves13€61k€72k▲
Distributable reserves133€61k€72k▲
Amounts payable17/49€3.05M€2.22M▼
Amounts payable after more than one year17€671k€531k▼
Financial debts170/4€671k€531k▼
Amounts payable within one year42/48€2.35M€1.67M▼
Current portion of amounts payable after more than one year42€897k€890k▼
Trade debts44€671k€191k▼
Suppliers440/4€671k€191k▼
Taxes, remuneration and social security45€158k€92k▼
Taxes450/3€85k€45k▼
Remuneration and social security454/9€73k€47k▼
Other amounts payable47/48€623k€497k▼
Accrued charges and deferred income492/3€25k€22k▼
Income statement
Code20242025
Remuneration, social security and pensions62€470k€438k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€154k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€39k€35k▼
Gross operating margin9900€763k€733k▼
Operating profit (loss)9901€106k€107k▲
Financial income75/76B€17k€2k▼
Recurring financial income75€17k€2k▼
Financial charges65/66B€126k€97k▼
Recurring financial charges65€126k€97k▼
Profit (loss) for the period before taxes9903€-2k€12k▲
Income taxes67/77€591€729▲
Profit (loss) for the period9904€-3k€11k▲
Profit (loss) for the period to be appropriated9905€-3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€11k▲
Transfer from equity791/2€3k€0▼
Transfer to equity691/2-€11k
To other reserves6921-€11k
Social balance
Average headcount (FTE)90877.06.3▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €182k | €320k | €296k | €470k | €438k | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €44k | €71k | €146k | €154k | ▲ 5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €0 | €1k | €0 | ▼ 100% |
| Other operating charges640/8 | €9k | €12k | €13k | €39k | €35k | ▼ 11.2% |
| Non-recurring operating charges66A | - | €715 | €0 | - | - | - |
| Gross operating margin9900 | €394k | €424k | €316k | €763k | €733k | ▼ 3.8% |
| Operating profit (loss)9901 | €173k | €44k | €-64k | €106k | €107k | ▲ 0.9% |
| Financial income75/76B | €0 | - | - | €17k | €2k | ▼ 87.3% |
| Recurring financial income75 | €0 | - | - | €17k | €2k | ▼ 87.3% |
| Financial charges65/66B | €10k | €14k | €57k | €126k | €97k | ▼ 22.4% |
| Recurring financial charges65 | €10k | €14k | €57k | €126k | €97k | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | €163k | €30k | €-120k | €-2k | €12k | ▲ 579% |
| Income taxes67/77 | €43k | €12k | €320 | €591 | €729 | ▲ 23.2% |
| Profit (loss) for the period9904 | €119k | €18k | €-121k | €-3k | €11k | ▲ 462% |
| Profit (loss) for the period to be appropriated9905 | €119k | €18k | €-121k | €-3k | €11k | ▲ 462% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.10M | €2.17M | €3.07M | €3.13M | €2.31M | ▼ 26.0% |
| Fixed assets21/28 | €181k | €180k | €870k | €1.10M | €967k | ▼ 12.4% |
| Intangible fixed assets21 | €95k | €96k | €82k | €106k | €79k | ▼ 25.9% |
| Tangible fixed assets22/27 | €78k | €76k | €780k | €986k | €876k | ▼ 11.2% |
| Plant, machinery and equipment23 | €18k | €12k | €14k | €12k | €23k | ▲ 93.6% |
| Furniture and vehicles24 | €60k | €64k | €46k | €24k | €9k | ▼ 61.1% |
| Leasing and similar rights25 | - | - | €701k | €950k | €843k | ▼ 11.2% |
| Assets under construction and advance payments27 | - | - | €19k | €0 | - | - |
| Financial fixed assets28 | €8k | €8k | €8k | €12k | €12k | ▲ 1.7% |
| Current assets29/58 | €917k | €1.99M | €2.20M | €2.02M | €1.35M | ▼ 33.4% |
| Stocks and contracts in progress3 | €525k | €1.32M | €1.26M | €1.15M | €869k | ▼ 24.6% |
| Stocks30/36 | €525k | €1.32M | €1.26M | €1.15M | €869k | ▼ 24.6% |
| Amounts receivable within one year40/41 | €324k | €455k | €724k | €685k | €326k | ▼ 52.4% |
| Trade receivables40 | €317k | €455k | €724k | €685k | €326k | ▼ 52.4% |
| Other amounts receivable41 | €6k | €0 | - | €310 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €65k | €213k | €213k | €176k | €145k | ▼ 17.7% |
| Deferred charges and accrued income490/1 | €3k | €3k | €6k | €8k | €6k | ▼ 22.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.10M | €2.17M | €3.07M | €3.13M | €2.31M | ▼ 26.0% |
| Equity10/15 | €185k | €204k | €83k | €80k | €91k | ▲ 13.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €167k | €185k | €64k | €61k | €72k | ▲ 17.9% |
| Non-distributable reserves130/1 | €2k | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €0 | - | - | - | - |
| Distributable reserves133 | €165k | €185k | €64k | €61k | €72k | ▲ 17.9% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €912k | €1.97M | €2.99M | €3.05M | €2.22M | ▼ 27.0% |
| Amounts payable after more than one year17 | €77k | €63k | €546k | €671k | €531k | ▼ 20.9% |
| Financial debts170/4 | €77k | €63k | €546k | €671k | €531k | ▼ 20.9% |
| Amounts payable within one year42/48 | €836k | €1.91M | €2.44M | €2.35M | €1.67M | ▼ 29.0% |
| Current portion of amounts payable after more than one year42 | €176k | €295k | €866k | €897k | €890k | ▼ 0.8% |
| Financial debts43 | - | €483k | €0 | - | - | - |
| Credit institutions430/8 | - | €483k | €0 | - | - | - |
| Trade debts44 | €91k | €607k | €737k | €671k | €191k | ▼ 71.6% |
| Suppliers440/4 | €91k | €607k | €737k | €671k | €191k | ▼ 71.6% |
| Taxes, remuneration and social security45 | €135k | €104k | €118k | €158k | €92k | ▼ 42.2% |
| Taxes450/3 | €95k | €55k | €66k | €85k | €45k | ▼ 47.2% |
| Remuneration and social security454/9 | €39k | €50k | €52k | €73k | €47k | ▼ 36.3% |
| Other amounts payable47/48 | €434k | €415k | €720k | €623k | €497k | ▼ 20.3% |
| Accrued charges and deferred income492/3 | - | - | - | €25k | €22k | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119k | €18k | €-121k | €-3k | €11k | ▲ 462% |
| + Depreciation and write-downs630 | €30k | €44k | €71k | €146k | €154k | ▲ 5.4% |
| Operating cash flow (approximation) | €149k | €62k | €-49k | €143k | €165k | ▲ 15.3% |
| Investment in fixed assets (approximation) | - | €-43k | €-761k | €-381k | €-17k | ▲ 95.6% |
| Change in cash | - | €147k | €112 | €-36k | €-31k | ▲ 14.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 25 days late
2023
31-10
Financial
Weakest financial yearnet €-121k
Net result drops to €-121k, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-10
Financial
Equity above €200kEq €204k ▲9.9%
5 profitable years in a row build equity to €204k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Highest result since 2018net €119k ▲212%
Operating result €173k, net result €119k, both a record.
31-10
Financial
Equity above €150kEq €185k ▲181%
4 profitable years in a row build equity to €185k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beerse · 1 establishment unit since 2020
Ground area
7,932 m²
Building footprint
3,756 m²
Volume, LiDAR
232 m³
Parcel 13004D0176/00S032, Flanders · tallest building 4.7 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SMARTCHIM
since 20202.307.799.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004D0176/00S032 | Flanders | 7,932 m² | 1 · 3,756 m² | 4.7 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 63 companies in sector 20130 we hold annual accounts for 45. 16 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-2015
Fiscal year end31-10
Activities, NACEBEL 2025
20130Manufacture of chemicals and chemical products
46851Wholesale of industrial chemicals
20140Manufacture of chemicals and chemical products
20590Manufacture of chemicals and chemical products
46120Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.